2025.09.19
red stag casino codes 2020MGM Grand on the Las Vegas Strip.“We believe certain operators are structurally better poThe analyst points out that a VIP-led recovery in Macau may not materialize to the extent market observers previously believed, and that could weigh on Wynn equity.riverwind casino 4th julyMGM Grand on the Las Vegas Strip.But Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.blackjack online arkadium free slots lobstermania 3online casino australia real moneyThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.However, the riverboat was not structurally damaged and is back in operation as a floating casino.org.is the borgata casino on the boardwalkBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.“To be clear, we believe IAC ownership is a positive for MGM.is sunset station casino open viejas casino directionsturtle creek casino opening date(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Soft air travel, group/event compreddit big fish casinoression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.But Bain argues Diller’s company may have paid too much for the privilege.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.the cashman casino viejas casino is open today |